Restaurant Brands International (QSR) Operating Leases (2013 - 2026)
Restaurant Brands International's (QSR) quarterly Operating Leases came in at $1.9 billion in Q1 2026, up 7.46% year-on-year from $1.8 billion in Q1 2025, and up 0.84% on a QoQ basis from $1.9 billion in Q4 2025.
Restaurant Brands International (QSR) Operating Leases (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has 14 years of Operating Leases data on file, last reported at $1.9 billion in Q1 2026.
- On a quarterly basis, Operating Leases rose 7.46% year-over-year to $1.9 billion in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 7.46% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 7.34% from the prior year.
- Operating Leases for Q1 2026 stood at $1.9 billion, up from $1.9 billion in the prior quarter.
- Over the last five years, Operating Leases for QSR reached as high as $1.9 billion in Q1 2026 and fell as low as $1.0 billion in Q3 2022.
- Historically, Operating Leases has averaged $1.4 billion across 5 years, with a median of $1.1 billion in 2024.
- Across the five-year window, Operating Leases declined 5.12% in 2023 and jumped 76.97% in 2024, its largest moves.
- Year by year, Operating Leases stood at $1.0 billion in 2022, then climbed by 3.12% to $1.1 billion in 2023, then jumped by 67.14% to $1.8 billion in 2024, then grew by 7.34% to $1.9 billion in 2025, then increased by 0.84% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $1.9 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | Brinker International | 7.99 Bn | 7.93 Bn | 1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.90 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.78 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Jun 30, 2021 | 1.08 Bn |